Vesuvius India Stock Split 2025
Kolkata, India – May 18, 2025 – Vesuvius India Ltd., a leading manufacturer of refractory products and a subsidiary of Vesuvius Group Limited, UK, has announced its first-ever 1:10 stock split and a dividend of ₹14.50 per share, signaling strong confidence in its financial performance and commitment to rewarding shareholders. The announcements, made following the board meeting on February 26, 2025, and ratified at the 34th Annual General Meeting (AGM) on May 8, 2025, have sparked significant investor interest, with the stock gaining over 11% in the past week.
Stock Split Details
The stock split will subdivide each equity share with a face value of ₹10 into ten shares with a face value of ₹1 each, aimed at enhancing liquidity and making the stock more accessible to retail investors. The record date for the split has been fixed as June 10, 2025, with shares expected to trade on a revised price basis post-split. This move is anticipated to broaden the investor base and support the stock’s market performance, which has delivered a remarkable 446% return over the past three years.
Dividend Announcement
In addition to the stock split, Vesuvius India declared a dividend of ₹14.50 per equity share for the financial year ended December 31, 2024, translating to a 145% payout. The record date for the dividend is set for May 1, 2025, with payments to be made following shareholder approval at the AGM. This follows the company’s consistent dividend history, having distributed ₹43 per share over the past five years, reinforcing its shareholder-friendly approach.
Financial Performance
For the quarter ended March 31, 2025, Vesuvius India reported a revenue of ₹482.22 crore, up 6.37% year-on-year, driven by strong demand for refractory products in the steel, cement, and glass industries. However, net profit fell 13.77% to ₹59.31 crore, impacted by higher input costs and a 9.95% decline in EBITDA. For the full year 2024, the company achieved a 24.22% increase in net profit to ₹264.52 crore and a 17.20% rise in net sales to ₹1,864.97 crore, reflecting robust growth despite market challenges.
Market Impact and Outlook
The stock split and dividend announcements have fueled positive market sentiment, with Vesuvius India’s share price closing at ₹5,361.20 on May 16, 2025, up 2.49% on the BSE. The stock has surged 37% in the past three months and 515% over five years, underscoring its status as a multibagger smallcap stock. Analysts suggest the stock could rally further, with technical charts indicating a potential 16.4% upside to ₹5,740, provided it holds above the ₹5,145 support level.
The company’s strategic focus on expanding its refractory product portfolio and leveraging India’s infrastructure growth positions it for sustained performance. However, investors should remain cautious of market volatility and sector-specific risks tied to industrial activity. Vesuvius India’s nearly debt-free status and 24.2% profit growth CAGR over five years highlight its financial resilience, making it an attractive option for long-term investors.
Conclusion
Vesuvius India’s 1:10 stock split and ₹14.50 dividend underscore its commitment to enhancing shareholder value and market accessibility. As the company continues to capitalize on demand for refractory products, these corporate actions are poised to strengthen its position in the capital goods sector. Investors are advised to monitor the stock’s performance post-split and consult certified experts before making investment decisions.
